, facebook, that are avoiding tax, which is outrageous. >> apple, for example, has seen overseas earnings surged in recent years, but at the same time, the company has managed to reduce its foreign tax burden without breaking any laws. officials from the joint international tax shelter information center cannot change the laws, but they can highlight problems and suggest revisions of current legislation. >> we are not reinventing the wheel. we are acting on a legal basis to try to use our personal contacts to be better, more efficient, and react more quickly. >> when the chinese delegate discovers a tax trail leading to germany, he can simply stepped into the office next door, and his german colleague is glad to help because he might need information from china the next day. so far, germany and china have only provided one delegate each to the center, but at least it is a start. >> it seems there might be a ratings war in the offing. a downgrade by u.s. ratings agencies can be bad news for any business, but moody's ratings agency has downgrade one of its biggest rivals -- mcgraw-
they are going about it, trying to infringe on the whole population because there's a few bad apples, which always exist in every society. >> that view is common in dalton. the people here have little faith in the government's ability to improve their lot, not when it comes to the economy or the status of undocumented migrants or gun laws. >> back here in germany, 2013 could be a good year for the economy. that's the message from the german chambers of commerce and industry. >> they've been pulling about 28,000 businesses across the country, asking what plans are for the year. they say that those businesses are getting more optimistic with worries over the eurozone debt crisis now easing. those worries contributed to a slump at the end of 2012. now there are hopes of a rebound. >> located in the middle of the black forest, testo produces measuring instruments. one of its newest products is this thermal imaging camera. the company expects turnover to go up around 8% this year. they recruited 100 new staff last year. now they plan to employ more -- a trend that can be seen across the b
like a wristwatch, but it's a computer. i.t. apple has signed a patent application for a computer that people can wear like a watch. the u.s. patent and trademark office disclosed apple's filing on tuesday. it has a flexible touch panel display. they detect the change in substraits and automatically adjust the interface to another station. they also correspond to other devices, like smartphones. it followed numerous reports last week on rumors that apple is discovering a wearable computer. tech giant google has also been developing a computer that looks likes a pair of eyeglasses. competition in the emerging field of wearable computers is expected to further intensify. coming up, the weather forecast. >>> that's all for this edition of "newsline." i'm keiki kitigawa in tokyo. thank you for joining us.
Fetching more results